Forex Trading Information

Forex — the foreign exchange (currency or FOREX, or FX) market is the biggest and the most liquid financial market in the world. It boasts a daily volume of more than $5.1 trillion (as of April 2016). Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference. FX trading can yield high profits but is also a very risky endeavor. Everyone can participate in foreign exchange trading via the Forex brokers.

You can start learning to trade by going through our free Forex course. You can also join a friendly community of traders at the Forex forum.

Latest in Forex

  • Carlos from Spain writes about IFC Markets:

    I've been trading Forex for more than 6 or 7 years with IFC Markets and I've never had any problem.

    I use their own trading platform and seems to work reasonably well. I can't say anything negative about this company, which I think is a good sign....

  • Amir Leon from Noord-Holland writes about Profiforex:

    My wife mentioned Profiforex and convinced me to open an account using our company profile. From my experience, Profiforex was worth the effort. The platform performs fast. There was a time I had a bitcoin deposit delay, it was taking too long to con...

  • iqbal from pakistan writes about AAAFx:

    Not recommend to anyone, Deposit fee $8 lot commission 0.01 = $0.20 and when you will withdraw its $25 fee.

    Keep away `from this broker.

  • Lucas Nilsson from Sweden writes about Admiral Markets:

    Admiral Markets are great in their attempt to broaden the knowledge of their traders. The ultimate website and platform to polish your trading skills.

Forex Blog

EUR/USD Reverses Movement Yet Again

Wed, 23 Aug 2017 15:47

EUR/USD reversed its movement yet again, basically changing its direction every day of this week. The currency pair gained today as the dollar was hurt by comments of the US President Donald Trump. Economic reports released in the United States during the current session also contributed the drop of the greenback, being...

EUR/USD Down During Quiet Trading as Dollar Recovers

Tue, 22 Aug 2017 14:52

The US dollar was rebounding against its rivals today. That led to the drop of EUR/USD currency pair, which basically erased yesterday's gains. The disappointing eurozone economic sentiment was not helping the matter either. Meanwhile, US manufacturing was surprisingly robust this month, bolstering the greenback further. Overall,...

GBP/NZD Consolidates in a Symmetrical Triangle After a Fall

Sun, 20 Aug 2017 12:00

The pound had experienced a rather strong rally against the New Zealand dollar from the beginning of 2017 through the middle of May. It then entered a similarly rapid downtrend, which stalled near the end of June. Since then, the currency pair entered a consolidation phase, which has now took a form of a symmetrical...

Forex News

British Pound Weakens Against US Dollar on Brexit Uncertainties

British Pound Weakens Against US Dollar on Brexit Uncertainties

Wed, 23 Aug 2017 17:02

The British pound today weakened against the US dollar as it reacted to uncertainties related to the UK government's stance on the Brexit negotiations. The pound was weakened further by a rally in the euro, which was triggered by positive Eurozone PMI data, and market expectations of a QE tapering announcement by the European Central Bank.

EUR/USD Prints Fresh Highs on Positive Eurozone PMI Data

EUR/USD Prints Fresh Highs on Positive Eurozone PMI Data

Wed, 23 Aug 2017 15:49

The EUR/USD currency pair today hit new highs during the late European session and into the North American session after the release of positive Markit Flash Eurozone PMI data.

New Zealand Dollar Lower on Economic Forecast

New Zealand Dollar Lower on Economic Forecast

Wed, 23 Aug 2017 11:40

The New Zealand dollar fell today after the country's government released its budget projections for the year.

Commodity Blog

Eighth Weekly Drop in US Crude Supplies Helps Lift Oil Prices

Wed, 23 Aug 2017 16:46

Oil futures are surging higher midweek in part to another weekly decline in US crude supplies. Despite domestic production climbing to its highest levels...

New Bitcoin Low Today, Possible Reversal and Weekly Technical Analysis

Tue, 22 Aug 2017 16:45

Bitcoin has had a very impressive month, characterized by a slew of broken all-time highs, but the latest sweeping correction, has confirmed the end of this bull-run...

Copper Hits Highest Level Since November 2014, Touches $3 Mark

Tue, 22 Aug 2017 16:40

Copper futures surged to their highest levels in nearly three years on Monday as the industrial metal topped the $3 mark. The red metal has climbed more...

Forex Video Zone

EU Economic Reports Raise Hopes for ECB Rate Hike

Wed, 23 Aug 2017 16:19

The bearish trend in the EUR/USD pair was short lived as investors absorbed some upbeat economic statistics from the eurozone. The Flash PMI readings for August was released today in the biggest countries of the region. Germany's Manufacturing PMI posted their best results, rising to 59.4 points versus the expected reading of 57.7 points. The revised reading for July was at 58.1 points. The Purchasing Managers Index for the services sector rose to 53.4 points from...

Oil Traders Remain Cautious

Wed, 23 Aug 2017 15:55

Today, oil is in the grip of bears as there are a number of factors that put pressure on crude prices. The first of these factors is the level of the US oil stockpiles. Yesterday, the American Petroleum Institute released a report that indicated a drawdown in the US crude inventories by 3,595,000 barrels. However, market participants are still worried about possible increase in gasoline stocks. This does not affect the expectations of the report from...

How to Add Fibonacci Tool on MT4 Platform

Wed, 23 Aug 2017 11:32

Chris from elite currency, in this video shows you how to place the fibonacci tool. So, it is a simple video to show you how to insert it on your chart. After you open your MT4 platform, look for the Fibonacci tool, then choose Fibonacci, Retracement and click on it. Now, choose a swing low, click your left mouse button, drag it, find your swing high and then...